- Fandom Sports has already minted its first Fancoin non-fungible token which will form the backbone of the fan rewards program
- Numerous unique NFTs will be created to encourage and reward Esports and Sports fans for their use of the Fandom Sports platform
- Fandom is developing solutions that will enable users of the Fandom Sports platform to create, share and transact NFTs
- Fandom Sports Media is a live sports and Esports entertainment company
- Fandom Sports Media Corp. (FDM) opened trading at C$0.275 per share
Fandom Sports (FDM) has commenced developing a Non-Fungible Token (NFT) exchange.
The exchange will be built into both the company’s all ages and wagering fan engagement platforms.
Fandom Sports has already minted its first Fancoin non-fungible token which will form the backbone of the fan rewards program. Fandom will create numerous NFTs to reward Esports fans for using its platform.
“Current scalability issues with the deployment of NFTs in real-time to facilitate the capture of digital moments relating to speed and cost are roadblocks to mass adoption. On top of the actual embedded NFT exchange, our development team is considering specific solutions that will enable users of the Fandom Sports platform to create, share and transact NFTs in new and unique ways that the current NFT protocols cannot support.
Fandom remains steadfast on its technical roadmap to continue delivering innovative solutions that improve upon existing processes and methodologies. The peerless capabilities that we have demonstrated pertaining to data ingestion, analysis and presentation for Esports and the planned sports modules will be extended to differentiate ourselves in the rapidly growing and evolving NFT space,” states David Vinokruov, CEO and President Fandom Sports.
The company is also incorporating the NFT exchange into planned test marketing campaigns with industry partners and will issue regular updates relating to those efforts.
Fandom Sports Media is a live sports and Esports entertainment company that aggregates, curates, and produces fan-focused content. The company is developing and deploying a web application that operates on Android and iOS mobile devices.
Fandom Sports Media Corp. (FDM) opened trading at C$0.275 per share.